Binance CEO Changpeng Zhao rejected media claims linking the exchange to a $1 billion Iran sanctions case as "paid FUD." Binance also confirmed its BTC reserves were unaffected by the update.
Binance announced it completed the final purchase of 4,545 BTC, concluding a $1 billion conversion of SAFU stablecoin reserves into Bitcoin. CEO Changpeng Zhao dismissed criticism as FUD and framed the move as strategic reserve management.
Binance co-founder Changpeng “CZ” Zhao said the firm is accumulating and holding crypto rather than selling, joining Anthony Scaramucci and Michael Saylor in reaffirming ongoing Bitcoin purchases. Their united stance comes amid recent market drawdowns and could help steady sentiment for BTC.
Changpeng Zhao’s YZi Labs confirmed it participated as a strategic investor in BitGo’s IPO as the digital asset custodian debuted strongly on the NYSE, the firm said in an official announcement.
Binance completed its 34th quarterly BNB burn on January 15, destroying 1.37 million BNB and prompting discussion after comments from founder CZ. The move continues Binance’s scheduled deflationary tokenomics.
Former Binance CEO Changpeng Zhao praised Pakistan’s rapid crypto adoption in 2025 and said the country is on track to become a global cryptocurrency leader by 2030.
Binance CEO Changpeng Zhao confirmed that user funds remain SAFU following the recent Trust Wallet hack. He reassured users as teams continue to probe the incident.
Binance is exploring a refreshed strategy for the U.S. market while founder Changpeng Zhao may reduce his stake, according to sources. Binance.US has served American customers since Binance withdrew from the U.S. in 2019.
Changpeng Zhao posted a photo on X with Michael Saylor after their first in-person meeting at Binance Blockchain Week in Dubai on Dec 5, 2025. The image was shared with a positive tone, drawing attention across crypto circles.
Former President Trump issued a pardon for Binance CEO Changpeng Zhao while a federal civil lawsuit filed by 306 victims and family members accuses the exchange of facilitating $1 billion in terror financing tied to the October 7, 2023 Hamas attacks.